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Terra
Terra Hard Fork Proposed; Temasek ‘Doesn’t Own Bitcoin
Terra fiasco weighs on South Korean P2E projects. Do Kwon proposes Terra fork, ditching UST. Singapore’s Temasek says it doesn’t own Bitcoin, but is getting ready for tokenized assets. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Circle’s Jeremy Allaire on Regulating Stablecoins
In the wake of Terra’s UST stablecoin failure, Jeremy Allaire of Circle, the company behind the USDC stablecoin, says that having a national policy to regulate crypto is “a good idea.” In this discussion with “Money Reimagined” host Michael Casey, Allaire explained the U.S. regulation that he thinks is and is not likely to happen.
Bitcoin’s Next Move After First 7-Week Losing Streak in History
CrossTower Global Head of Trading Pratik Shah discusses what could be in store for bitcoin as it closed in the red for seven consecutive weeks for the first time in history. “We see this as a corrective phase in a broader and a structural trend higher in bitcoin,” Shah said.
Terra's $38.5M Nationals Sponsorship Unfazed by UST Turmoil
Terra protocol's dramatic death spiral last week did not significantly impact its presence at the ballpark of Major League Baseball’s Washington Nationals. Terra signed a DAO-approved, five-year advertising deal with the Nationals in February for $38.5 million. "The Hash" panel discusses the latest in the Terra saga and what it reveals about the reality of major crypto sponsorship deals.
Bitcoin Stabilizes Amid Terra Luna Ecosystem Collapse
A wild week for bitcoin as the collapse of Terra’s algorithmic stablecoin TerraUSD (UST) and luna (LUNA) token continues its ripple effects on the crypto industry. CoinDesk’s Brad Keoun and Christie Harkin review the week’s top stories moving the markets.
Terra's UST and LUNA Collapse: Warnings and Skepticism in Retrospect
CoinDesk TV has been taking a deep dive into algorithmic stablecoins for months, interviewing experts who sounded the alarm on their potential risks. "First Mover" hosts Christine Lee and Lawrence Lewitinn take a look back at the highlights and the lessons to be learned.
Terra Halts Network; Do Kwon Security Concerns
Terra shuts down indefinitely with luna (LUNA) and TerraUSD (UST) left on life support. Wife of Terraform Labs Founder Do Kwon requests police protection. Tether stabilizes after burning three billion tokens amid redemptions. ETF Securities optimistic on the future of crypto ETFs in Australia.